Detectives have arrested nine employees of a savings and credit SACCO society in relation to the disappearance of approximately Sh160 Million.
The employees of Njiwa Sacco, belonging to staff of the National Intelligence Service (NIS), were rounded up following comprehensive joint investigations, conducted by detectives and officials from the spy agency.
The nine who have since been dismissed from the SACCO face nine counts of conspiracy to commit a felony, stealing by a servant, false accounting by a servant, negligence, computer fraud, forgery, uttering a false document, and access with intent to commit an offence among other charges.
They will be arraigned in court on Monday, September 25, 2023, to answer for their crimes.
This is after the Office of the Director of Public Prosecutions approved the charges.
Meanwhile, detectives are on the trail of three other suspects who have since gone into hiding.
The agencies involved in the investigation of this high-level fraud shall continue to investigate and expose corrupt individuals and networks while taking concrete steps to ensure transparency and accountability in the management of public entities.
Cases of fraud in SACCOS are on the rise with many savings going to waste.
